Bloomberg News

Slim Bullish on KPN, Wiling to Boost Stake to 28%

May 29, 2012

Bloomberg's Betty Liu reports that Carlos Slim’s America Movil SAB is bidding for a bigger stake in Royal KPN NV, but has no interest in bidding directly for KPN’s German E-Plus mobile-phone unit and regards the Dutch company’s turnaround plan as credible America Movil Chief Financial Officer Carlos Garcia-Moreno said at a meeting in London yesterday. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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